South Carolina

Rivers-Edge

Columbia, S.C. — RREAF Holdings has acquired Rivers Edge at Carolina Stadium, a 486-bed student housing community located near The University of South Carolina in Columbia. The property was built in 1996 within the university’s Greek Village and offers 486 beds. Capital improvements are planned for the community, which will be overseen by RREAF Construction Services. Renovations are set to include upgrades to 40 percent of the property’s 240 units and amenity updates including the addition of a dog run; upgrades to the existing basketball, volleyball and pickle-ball courts; and …

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Amplify-Clemson

Clemson, S.C. — Amplify Development Co. has acquired a Greek housing property located near Clemson University in South Carolina. The community is located on a 24,000-square-foot lot at 173 Old Greenville Highway along the northern edge of the university’s campus. The three-story property offers 15 surface-level parking spaces; multiple kitchen, dining and common areas; and 10 units that can accommodate 20 to 30 beds. Amplify has secured a multi-year master lease with an established Greek organization to occupy the space. Cosmetic and interior renovations are planned for the community, details …

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Cambridge-Creek

Clemson, S.C. — Eric Newton Real Estate has sold Cambridge Creek Clemson, a 380-bed student housing community located near Clemson University in South Carolina. The property offers 132 townhome units in three- and four-bedroom configurations. Shared amenities include a resort-style swimming pool and tanning deck with cabanas; bathhouse; outdoor pavilion with televisions; and a clubhouse with study lounges, a coffee bar and fitness center. The buyer and terms of the off-market transaction were undisclosed. 

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Cove-Carolina

Conway, S.C. and Waco, Texas — Campus Life & Style (CLS) has been awarded management of two student housing properties in South Carolina and Texas. Assignments include The Cove at Coastal Carolina, a 396-bed student housing community in Conway; and University Edge, a 236-bed property serving students attending Baylor University in Waco. Both properties are owned by Orion Student Housing, a joint venture between WFI and Willis Cos. “We are proud and excited that our successful partnership has yielded more opportunities,” says Jim Sholders, CEO of CLS. “CLS performs on …

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Ruckus-on-Rio-Austin-Texas

Austin, Texas; Flagstaff, Ariz.; and Charleston, S.C. — Global Student Accommodation (GSA), in a joint venture with Morgan Stanley Real Estate Investing, has completed the acquisition of a five-property student housing portfolio totaling over 1,600 beds. The seller was Harrison Street, an investment management firm headquartered in Chicago. The portfolio includes three assets in Austin, one in Flagstaff and one in Charleston. The price and names of the specific properties were not disclosed. TSB Realty brokered the transaction. The three properties near the University of Texas at Austin — The Corner, Ruckus on Nueces …

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Enclave-Old-Central

Clemson, S.C. — Pierce Education Properties has acquired a two-property portfolio of student housing communities offering 382 beds near Clemson University in South Carolina. Acquisitions include The Enclave in Town and The Enclave on Old Central, both of which were constructed in 1998 and offer two- and three-bedroom units. The communities are situated at 423 Lindsay Road and 1146 Old Central Road and feature shared amenities including a swimming pool, 24-hour fitness center and dog park. Teddy Leatherman, Scott Clifton and Stewart Hayes of JLL represented the seller, a joint venture …

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Gilbane-Bixby

Clemson, S.C. — Gilbane Development Co. has opened Bixby on College, a 383-bed student housing community located near Clemson University in South Carolina. The property offers 107 fully furnished units. Shared amenities include a clubhouse with a pool table and gaming area; an infinity edge, heated swimming pool; fire pit; an outdoor kitchen and seating areas; a fitness center with cardio and strength training equipment; study rooms; and a computer lab. The property also features 14,500 square feet of ground floor commercial space occupied by tenants including Romeo’s Pizza and …

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Cambridge-Creek_Clemson

Clemson, S.C. — Newmark has secured $29 million in acquisition financing for Cambridge Creek, a 380-bed student housing community near Clemson University. Dustin Stolly, Jordan Roeschlaub, Chris Kramer, Nick Scribani, Holden Witkoff and Marshall Dickson of Newmark arranged the loan through Synovus Bank on behalf of the borrower, Center Court Mass. Cambridge Creek’s floor plans include two- and three-bedrooms that span up to 1,431 square feet of living space. Amenities include a 5,000-square-foot clubhouse, resort-style swimming pool, fitness studio, cabanas, a coffee bar and a study lounge.

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Villages-Town-Creek

Pendleton, S.C. — CBRE has arranged the sale of The Villages at Town Creek, a 244-bed student housing community located near Clemson University in Pendleton. Built in 2010, the property offers 61 townhome-style units in three-, four- and five-bedroom configurations. Shared amenities include a resort-style swimming pool, study lounge, coffee bar, fire pit, hammock garden, sand volleyball court and a car wash station. Jaclyn Fitts, William Vonderfecht, Casey Schaefer, David Lansbury and Erika Maston of CBRE arranged the sale on behalf of QR Capital. The buyer was undisclosed. “The Villages …

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Clemson-Student-Village-at-The-Pier

Clemson, S.C. — Core Spaces and Tom Winkopp Development have formed a joint venture to develop Clemson Student Village at The Pier, a 4,000-bed student housing community located on a 140-acre plot near Clemson University. The project is an extension of The Pier, a project that has already added 1,400 beds to Clemson’s student housing supply. Amenities at the new project include athletic and fitness facilities, pools, outdoor grills, student clubhouses, beachfront access to Lake Hartwell and waterfront trails. Once fully constructed, the site will feature “a new downtown locale that …

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